Publications

Articles in Journals

  • Breaking the economy: How climate tail risk and financial conditions can shape loss persistence and economic recovery (2025)
    Authors: Mazzocchetti, A., Monasterolo, I., Dunz N., Essenfelder A.H
    Ecological Economics, Vol. 237, pp. 108685. DOI link: https://doi.org/10.1016/j.ecolecon.2025.108685

 

  • The role of green financial sector initiatives in the low-carbon transition: A theory of change (2024)
    Authors: Monasterolo, I., Mandel, A., Battiston, S., Mazzocchetti, A., et al.
    Global Environmental Change, Vol. 89, pp. 102915. DOI link: https://doi.org/10.1016/j.gloenvcha.2024.102915

 

  • The double materiality of climate physical and transition risks in the euro area (2024)
    Authors: Gourdel R., Monasterolo I., Dunz N., Mazzocchetti, A., Parisi, L.
    Journal of Financial Stability, Vol. 71, pp. 101233 DOI link: https://doi.org/10.1016/j.jfs.2024.101233

 

  • Compounding COVID-19 and climate risks: The interplay of banks’ lending and government’s policy in the shock recovery (2023)
    Authors: Dunz N., Essenfelder A.H., Mazzocchetti A., Monasterolo I., Raberto M.
    Journal of Banking & Finance, Vol. 152, pp. 106306. DOI link: https://doi.org/10.1016/j.jbankfin.2021.106306

 

  • Derisking the low-carbon transition: investors’ reaction to climate policies, decarbonization and distributive effects (2022)
    Authors: Monasterolo I., Dunz N., Mazzocchetti A., Gourdel, R.
    Review of Evolutionary Political Economy, Vol. 3, pp. 31-71. DOI link: https://doi.org/10.1007/s43253-021-00062-3

 

  • Systemic Financial Risk Indicators and Securitised Assets: an Agent-Based Framework (2020)
    Authors: Mazzocchetti A., Lauretta E., Raberto M., Teglio A., Cincotti S.
    Journal of Economic Interaction and Coordination, Vol. 15, n. 2, pp. 9-47. DOI link: https://doi.org/10.1007/s11403-019-00268-z

 

  • Assessment of the economic and social impact using SROI: an application to sport companies (2019)
    Authors: Lombardo G., Mazzocchetti A., Rapallo I., Tayser N., Cincotti S.
    Sustainability, Vol. 11, n. 13, pp. 3612. DOI link: https://doi.org/10.3390/su11133612

 

  • Budgetary Rigour with Stimulus in Lean Times: Policy Advices from an Agent-Based Model (2019)
    Authors: Teglio A., Mazzocchetti A., Ponta L., Raberto M., Cincotti S.
    Journal of Economic Behavior & Organization, Vol. 157, pp. 59-83. DOI link: https://doi.org/10.1016/j.jebo.2017.09.016

 

  • Securitization and Business Cycle: an Agent-Based Perspective (2018)
    Authors: Mazzocchetti A., Raberto M., Teglio A., Cincotti S.
    Industrial and Corporate Change, Vol. 27, n. 6, pp. 1091–1121. DOI link: https://doi.org/10.1093/icc/dty042

 

  • Unconventional Monetary Policy: Between the Past and Future of Monetary Economics (2018)
    Authors: Guerini M., Lamperti F. and Mazzocchetti A.
    European Journal of Economics and Economic Policy: Intervention, Vol. 15, n. 2, pp. 122-131. DOI link: https://doi.org/10.4337/ejeep.2018.0036

 

Book chapters

  • Unconventional Monetary Policy in the USA and in Europe (2019)
    Authors: Guerini M., Lamperti F., Mazzocchetti A.
    In: Vlachos V., Bitzenis A. (eds) European Union (pp. 37-61). Publisher:  Palgrave Macmillan. DOI link: https://doi.org/10.1007/978-3-030-18103-1_3

 

Working papers

  • Banks’ Climate Sentiments and Credit Risk: Do they Matter for the Low-Carbon Transition? (2025)
    Authors: Mazzocchetti A., Monasterolo I. and Vismara A.
    CEPR Discussion Paper No. 20520. Link:  https://cepr.org/publications/dp20520

 

  • New Climate Scenarios Highlight Short-Term Financial and Macro-Economic Risks (2025)
    Authors: Mandel, A., Paroussos, L., Monasterolo, I., van Ruijven, B., Battiston, S., Tsiaras, S., Mazzocchetti, A., Hackstock, P., Duenas, M., Taghawi-Nejad, D., Fragkiadakis, K., Naumann-Woleske, K., Vrontisi, Z., Hager, L.
    Available at SSRN:  https://cepr.org/publications/dp20520

 

Policy notes and blogs